Tech and Energy Transition Corporation Unit
TETCU
TETCU was delisted on the 28th of March, 2023.
44 hedge funds and large institutions have $104M invested in Tech and Energy Transition Corporation Unit in 2021 Q2 according to their latest regulatory filings, with 5 funds opening new positions, 9 increasing their positions, 16 reducing their positions, and 38 closing their positions.
44% less funds holding
Funds holding: 78 → 44 (-34)
44% less repeat investments, than reductions
Existing positions increased: 9 | Existing positions reduced: 16
69% less capital invested
Capital invested by funds: $334M → $104M (-$230M)
87% less first-time investments, than exits
New positions opened: 5 | Existing positions closed: 38
100% less funds holding in top 10
Funds holding in top 10: 2 → 0 (-2)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
PC
Periscope Capital
Toronto,
Ontario, Canada
|
+$3.38M |
| 2 |
SCM
Shaolin Capital Management
Miami,
Florida
|
+$1.24M |
| 3 |
Citigroup
New York
|
+$1.03M |
| 4 |
WC
Wealthspring Capital
West Harrison,
New York
|
+$573K |
| 5 |
SMA
Sage Mountain Advisors
Atlanta,
Georgia
|
+$310K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
SC
Sculptor Capital
New York
|
-$22.5M |
| 2 |
Adage Capital Partners
Boston,
Massachusetts
|
-$21M |
| 3 |
LA
Linden Advisors
New York
|
-$20M |
| 4 |
CH
CVI Holdings
Wilmington,
Delaware
|
-$15M |
| 5 |
Marshall Wace
London,
United Kingdom
|
-$13.5M |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
VI
76
Vestcor Inc
Fredericton,
New Brunswick, Canada
| – | -$750K | -75,000 | Closed |
|
|
MP
77
Mangrove Partners
Greenwich,
Connecticut
| – | -$500K | -50,000 | Closed |
|
|
AA
78
Ancora Advisors
Cleveland,
Ohio
| – | -$221K | -22,100 | Closed |
|
|
WA
79
Whitebox Advisors
Minneapolis,
Minnesota
| – | -$200K | -20,000 | Closed |
|
|
RA
80
RiverPark Advisors
New York
| – | -$154K | -15,353 | Closed |
|
|
WRBC
81
W.R. Berkley Corp
Greenwich,
Connecticut
| – | -$98K | -9,825 | Closed |
|
82
UBS Group
Zurich,
Switzerland
| – | -$17K | -1,655 | Closed |
|
TETCU Hedge Fund Activity: Q2 2021 in Review
44 of the 5,746 institutional investors tracked by Wall St. Rank reported a position in Tech and Energy Transition Corporation Unit (TETCU) for Q2 2021, worth a combined $104M — down 69% from $334M a quarter earlier.
Sellers outnumbered buyers: 38 funds closed out of TETCU and 5 opened new positions — a net loss of 33 holders — while 16 trimmed existing stakes and 9 added.
The largest buyer was Periscope Capital, opening a new position worth an estimated $3.38M. The largest seller was Sculptor Capital, exiting entirely with an estimated $22.5M sold.
- 44 institutional investors held Tech and Energy Transition Corporation Unit (TETCU) as of Q2 2021, down from 78 in Q1 2021.
- Funds reported $104M of Tech and Energy Transition Corporation Unit stock for Q2 2021, down 69% quarter-over-quarter.
- 5 funds opened new Tech and Energy Transition Corporation Unit positions in Q2 2021 and 38 closed out, a net change of -33 holders.
- The largest Tech and Energy Transition Corporation Unit buyer in Q2 2021 was Periscope Capital, an estimated $3.38M added.
- The largest Tech and Energy Transition Corporation Unit seller in Q2 2021 was Sculptor Capital, an estimated $22.5M sold.
Based on aggregated 13F filings for Q2 2021.